Lennar Class A
380 hedge funds and large institutions have $9.01B invested in Lennar Class A in 2014 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 158 increasing their positions, 105 reducing their positions, and 54 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 105
0.79% more ownership
Funds ownership: 116.54% → 117.34% (+0.79%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
3% less capital invested
Capital invested by funds: $9.26B → $9.01B (-$245M)
8% less call options, than puts
Call options by funds: $133M | Put options by funds: $144M
3% less funds holding
Funds holding: 390 → 380 (-10)
11% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$502M |
| 2 |
MAM
Marketfield Asset Management
New York
|
+$215M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$125M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$73.9M |
| 5 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$60.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$158M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$84.7M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$81.6M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$80.7M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$46.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
Verition Fund Management
Greenwich,
Connecticut
| – | -$238K | -6,318 | Closed |
|
|
WFM
427
Wilmington Funds Management
Wilmington,
Delaware
| – | -$214K | -5,684 | Closed |
|
|
SEC
428
Seven Eight Capital
New York
| – | -$115K | -3,047 | Closed |
|
|
HNB
429
Huntington National Bank
Columbus,
Ohio
| – | -$52K | -1,355 | Closed |
|
|
AA
430
Apriem Advisors
Irvine,
California
| – | -$10K | -263 | Closed |
|
431
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -115 | Closed |
|
|
PTC
432
Private Trust Company
Cleveland,
Ohio
| – | -$2K | -55 | Closed |
|
|
NES
433
New England Securities
New York
| – | +$459 | +12 | New |
|
LEN Hedge Fund Activity: Q1 2014 in Review
380 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Lennar Class A (LEN) for Q1 2014, worth a combined $9.01B — down 2.6% from $9.26B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of LEN and 48 opened new positions — a net loss of 6 holders — while 105 trimmed existing stakes and 158 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $502M. The largest seller was Fidelity Investments, cutting an estimated $158M.
- 380 institutional investors held Lennar Class A (LEN) as of Q1 2014, down from 390 in Q4 2013.
- Funds reported $9.01B of Lennar Class A stock for Q1 2014, down 2.6% quarter-over-quarter.
- 48 funds opened new Lennar Class A positions in Q1 2014 and 54 closed out, a net change of -6 holders.
- The largest Lennar Class A buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $502M added.
- The largest Lennar Class A seller in Q1 2014 was Fidelity Investments, an estimated $158M sold.
Based on aggregated 13F filings for Q1 2014.